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Topic: Convince me about Pandas......... (Read 5536 times)

As a newbie to chinese coins I can't understand why there is such a hype to pandas.

My investment idea is buying chinese coins as long as the market isnt mature and coins are cheap. When will the chinese market get mature? I think when more and more chinese get attracted to the chinese coin market and buy, and buy .......and thats the point - what will the chinese mostly buy when they re getting deeper into buying their own coins????

My theory is that Pandas seems to be a western hype ....seems ....convince me

Here are a few thougts

1. As I can see- there are a lot of forum members which include panda somewhere in their name - whats your origin -? from eastern or western countries?2. In Ebay or other online platforms where one can buy chinese coins there are so much pandas...overwhelming - is that an indicator for western demand (ebay user are more located in the western part of the world)

3. Chinese Rankings have more other coins at top than pandas (see list at ending) 4. Pandas are partly treated as bullion coins - I think there is an american counterpart - silver dollar ??

Conclusion: Is the Panda hype more driven by western buyers ??? Than there wouldn t be so much increase in prices (but i think theres has been some in the past) and the main growth can only be in coins which are higly demanded by the chinese themself - because of their growth of prosperity and population ... and not the one in western countries which is decreasing..

Thanks a lot your answers panda buyers

List:

As in the topic I read from poconopenn there is a link to chinese coins with ranking (by the way - I dont know who the author is) and there you can see

Re: Actual mintages« Reply #91 on: September 03, 2011, 08:13:01 PM » Reply with quoteQuote from: PandaCollector on September 03, 2011, 05:35:03 PMHopefully, Huang Rui Yong will be able to shed light on the mintage numbers at some time in the future.

Panda: 'rare national treasure; unique in the world.' I think that about sums it up. Ask anyone in the know, and they will tell you certain mintage years (i.e. 1995, 1998, 1999, 2000) of the pandas are already in high demand in mainland China. Once they get the bug, many will have no choice but to continue to pursue the entire series. Add on to that fact that many Chinese are getting introduced to the series by acquiring the higher mintage 2011-2012 silver pandas, and you end up with an entire new generation of panda collectors in China. North Americans are voracious coin collectors and have driven the prices up on pandas for years. The only question is whether the Chinese are going to be willing to pay higher prices (originally driven by Western demand) to pursue previous issues. I believe it is inevitable given the vast size of human population there. It becomes a sheer numbers game given the lower mintages of the earlier issues.

The 2 flagship products of the China mint are the panda series, and the lunar series. The question of which one of those is "better" is open to discussion. Outside China, pandas are more well-known, and there are more collectors outside China than in China alone. But, China is the single largest force behind the whole market, and they all love lunars because the lunar astrology system is deeply entrenched within Chinese traditional AND modern culture.

My conclusion is that, even though the details are different for the popularity of pandas vs. lunars, they are still close to being equivalent overall. So, I collect both.

I think that's an excellent question. We all want to know what the 800 pound gorilla in the room wants. IMO, the 800-pound gorilla was asleep for the first 20 years til roughly yr 2000 and during that time China mint didn't care what the gorilla wanted. China mint produced the Panda, Lunar, Historical figures, and sporting events for the rest of the world in tiny mintage. (Sporting events, for crying out loud, when there is very little sporting tradition in China, yet the entire 1980 issue was devoted to sport.) Now the gorilla is awake and demands the type of coins it likes and in large quantity, China mints are scrambling to satisfy that need. And we are all holding our breath hoping we have collected the right kind of coins. Stay tuned, it is going to be an interesting ride.

What do you mean? The average Chinese has more money in savings than does an average American with loads of debt.

Saving is so 20th century. In the 21st century, we make money with our debt using innovative concept like Monetizing Debt. This is where we take out a mortgage, chopped it up into mortgaged backed security and then invest our money in MBS and make lots of money. So you need to get into debt first before you can make money. We have so much debt we are rich! That kid has +$363? He is hopelessly poor.

Saving is so 20th century. In the 21st century, we make money with our debt using innovative concept like Monetizing Debt. This is where we take out a mortgage, chopped it up into mortgaged backed security and then invest our money in MBS and make lots of money. So you need to get into debt first before you can make money. We have so much debt we are rich! That kid has +$363? He is hopelessly poor.

Cant forget about the Credit Default Swaps just in case someone needs a hair cut.

Reading all the different answers - I still prefer buying other moder chinese coins than pandas. It would be interesting to compare prices of several pandas with other chinese coins that have the same mintage. The result should show if coins are tending to be cheap or having a great demand - does something like that exist a price/Mintage table over all mcc??

Reading all the different answers - I still prefer buying other moder chinese coins than pandas. It would be interesting to compare prices of several pandas with other chinese coins that have the same mintage. The result should show if coins are tending to be cheap or having a great demand - does something like that exist a price/Mintage table over all mcc??

Panda's are usually cheaper than other MCC at the same mintage level. Another words undervalue now. Check the price of colorized opera gold coins(8k mintage) and you will know what I mean.